Summary of Powell's Speech Early in the Morning:

1. Interest Rates: Maintain at 4.25%-4.50%, the dot plot indicates two rate cuts expected in 2025, and 25 basis points cuts in 2026 and 2027, with no rate hikes as a basic expectation.

2. Inflation: Expected overall PCE increase of 2.3% in May, core index increase of 2.6%, inflation slightly above 2%, and will rise significantly in the coming months.

3. Economy: Growth rate of 1.5%-2.0%, situation is stable, fluctuations in net exports affect GDP measurement, uncertainty has decreased but remains high.

4. Others: Framework review to be completed by late summer, considering adjustments to communication strategies and strengthening economic forecast summaries, no post-term arrangements considered, currently implementing buyout plan review personnel. $BTC $ETH $SOL #我的交易风格 #GENIUS稳定币法案 #Solana现货ETF竞赛